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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... playing a leading role," the same source notes. Indeed, the 7.4 billion deal with the EU has a strong... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economyand 1.4 percent in imports from the EU and eurozone countries, while strong double-digit drops were... billion euros. Drugs and aluminium products follow with exports of 353 and 275 million respectively in H1
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Greek stocks edge up 0.8 pct for third successive week
Economyfor next year, with strong growth expected in the group’s energy subsidiaries as well as in Aluminium of Greece. Eurobank and NBG said they will release third quarter results on November 16 and 23
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Stock market slips 1.4 pct dragged by huge bank losses
EconomyThe Greek stock market edged lower 1.4 percent this week amid strong under-performance of bank...-tranche of 1 billion. The General Index of the Athens Stock Exchange landed at 649.79 on Friday, which... mainly dragged by aluminum prices. Sales fell 9.7 percent to 247.9 million, while EBITDA halved to 31.6
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby... legislation last week, trying to tread a fine line between the strong opposition to the measures shown
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
EconomyMacroeconomyin November after a short-lived double-digit rise by 15.4 percent in October and landed at 3.68 billion
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomydeficit, which landed at 5.34 billion. The driving factor was a 13.6 percent increase in exports, while
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingby Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors
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